The move by Adecco, the world’s largest temp staffing firm, will enable it to expand its footprint in the online permanent recruitment space, locally as well as internationally. On Tuesday, Adecco, a staffing company, stated it has acquired Vettery, a… Read More ›
Month: February 2018
General Motors proposes debt for equity swap to continue to operate its plants in South Korea
It is yet to be determined how the proposal will impact Korea Development Bank, a state run bank, which holds a 17% stake in GM Korea. According to 4 sources with direct knowledge of the matter, General Motors has offered… Read More ›
British manufacturers need urgent clarity as to what Brexit means for them: Judith Hackett, chairman of EEF
The chaos of Brexit could be dampened if Theresa May’s government provides ample clarity as to how it will impact British manufacturing, its financial sector and its economy as a whole; sectors across industries have been demanding that the government… Read More ›
More than 900 KFC stores shut due to shortage of chicken
The issue in KFC’s supply chain occurred when it switched its delivery contract to DHL U.S. fast food restaurant chain, Kentucky Fried Chicken (KFC) stated it has been forced for close hundreds of its stores in Britain due to shortage… Read More ›
Even Teenagers Have Better Credit Rating Compared To People In Late 20s, Finds A Study
While multiple surveys in the past have reflected a dearth of financial skills among young people, a recent survey has revealed that teenagers are good at maintaining good credit scores. Reported in The Guardian, recent data from Experian has claimed… Read More ›
A $1.8-Billion Bank Fraud Allegedly Conducted In India By A Billionaire Celebrity Jeweler
Nirav Modi, a billionaire celebrity jeweler, whose creations adorns the necks and wrists of Hollywood stars necks and wrists of Hollywood stars, is allegedly behind one of the largest money laundering cases in India ever according to Indian investigators. It… Read More ›
Tencent Holdings Ltd and Alibaba Group Holding Ltd jostle for dominance in China’s $13 trillion mobile payment market
China’s online and brick-and-mortar retailers world are being forced to take sides as both giants battle it out for dominance over China’s $13 trillion mobile payment market. Chinese tech giants, Tencent Holdings Ltd and Alibaba Group Holding Ltd are forcing… Read More ›
U.S., India, Japan and Australia revive four-way talks to deepen security and economic cooperation in the region
The move, an alternative to China’s Belt and Road Initiative, is on the agenda on Australian Prime Minister Malcolm Turnbull’s visit this week to the U.S. where he will meet U.S. President Donald Trump and discuss a range of issues,… Read More ›
Channel deepens digital push, takes minority stake in Farfetch
With Channel’s core strategy revolving around the exclusivity of its products its digital initiative is likely to differ from that of its peers, including Gucci, Louis Vuitton, who prefer growth through sales, online and offline. On Monday, Channel, a top… Read More ›
CSRA To Be Acquired By General Dynamics In A $9.6 Billion Deal
General Dynamics, a global aerospace and defense company offering wide ranging products for business aviation, will acquire CSRA, a leading government IT business with primarily federal customers in the U.S. for $40.75 in cash for all of the outstanding shares of… Read More ›